News Archive for September 9, 2011

Manned Flights to Space Station Set To Resume Quickly
U.S. and Russian officials are poised to announce swift resumption of manned missions to the International Space Station, after determining that last month's failure of an unmanned cargo rocket headed to the orbiting laboratory was likely an isolated incident.

Making Sake Again
When the quake hit, Daisuke Suzuki had just finished preparing for fermentation a final batch of sake made from last fall's rice crop—a ritual marking the end of the long, hard work of winter.

Regulators Shut Florida Bank
U.S. regulators said First National Bank of Florida was shut Friday, bringing to 11 the number of this year's bank failures in Florida, which is 2011's second most failure-prone state behind Georgia.

Yucca Nuclear Dump Prospects Dim
The prospects for a nuclear-waste dump in Nevada dimmed further when members of the Nuclear Regulatory Commission said they had deadlocked on a crucial vote involving the project.

VIX Jumps as Traders Grow Cautious on Gold
Mounting troubles in Europe sank U.S. stocks and drove the market's "fear gauge" to a two-week high, while a measure of expected gold volatility was on pace to close at its highest level in more than two years.

Manufacturers Move to Block Union Rule
The National Association of Manufacturers has sued the National Labor Relations Board, seeking to block a rule requiring employers to post notices informing workers of their right to join a union and act together to improve wages and working conditions.

Albanian in New York Charged With Supporting Terror
An Albanian man living in the Bay Ridge section of Brooklyn was charged Friday with providing material support to a terrorist group, prosecutors said.

Clashes Break in Gadhafi Stronghold
Troops loyal to Libya's new rulers stormed one of the last holdouts of Col. Moammar Gadhafi, as Interpol issued a wanted notice for the deposed leader, his son Seif al-Islam and the country's former head of military intelligence.

Chicago Teachers Sue City School District
The Chicago Teachers Union filed an unfair labor practice complaint against the school district Friday, claiming it "coerced" some teachers into agreeing to work longer hours than called for in their contract.

Weaning Insurers Off 9/11 Support
A government backstop will continue to be necessary for terrorism insurance risk, as it is for flood and nuclear risks. But there are ways to limit government exposure.

Ex-Executive Gets Up to 21 Years in Prison in Securities Fraud
A lawyer who briefly served as the top executive of a Manhattan company was sentenced Friday to up to 21 years in prison in a $110 million securities fraud.

For Some Californians, No Beaches, Boil Water
Southern Californians were warned to boil drinking water, go easy on the air conditioning and stay away from some beaches as the region regained power after a massive outage.

Economic, Debt Fears Mount in Euro Zone
The unexpected departure of the ECB's chief economist intensified investors' worries about the euro-zone financial crisis and unleashed a broad pullback from risk in European markets, sinking the euro to its lowest level in more than six months.

'Operation Twist' Augurs Pain for Banks
The possibility of the Federal Reserve invoking "Operation Twist" to stoke more borrowing and economic activity by lowering long-term rates has many in the retail banking industry uttering expressions of pain.

San Diego Geography Raises Blackout Risk
San Diego is vulnerable to electricity-supply disruptions because it is cut off on two sides by the Pacific Ocean and Mexico, reducing potential transmission corridors that could serve it.

Faces of Past Haunt Scrutiny of Libyan Fund
The new Libyan government will have much to do to disentangle itself from the past because many of its officials occupied similar posts during the 42-year Gadhafi era.

Israeli Minister Seeks Punishment for Turkey
Israel's Foreign Minister Avigdor Lieberman said Friday his country should punish Turkey for its recent behavior by supporting Kurdish militants at war with the Turkish state.

Pacific Ports Reopen After Union Dispute
Cargo operations resumed Friday morning at Washington's two busiest seaports, Seattle and Tacoma, following a one-day work stoppage Thursday by members of the International Longshore and Warehouse Union, whose Longview, Wash., local 21 is involved in a contract dispute with operators of a new grain export terminal there.

Will Obama Speech Address Small-Business Job Creation?
It's unclear if the president plans to offer measures aimed specifically at spurring hiring by small businesses – a group touted as a key job creator – before a joint session of Congress Thursday night.

EU Optimistic About Ireland
European authorities monitoring Ireland's bailout said the country is "well on track" to meet its deficit-cutting targets, thanks to a lower-than-expected cost of rescuing beleaguered Irish banks.

Emerging Europe: The Week in Photos
See a roundup of the week's best photos, including the aftermath of the Russian plane crash, workers at the Hungary Lego factory, and a plane making an emergency landing in Turkey.

Germany, France Press EU on Transaction Tax
France and Germany urged the European Commission to present its proposals on a financial-transactions tax as soon as possible and to leave for later the sensitive question of how to use the revenue generated by the tax.

NYSE, Deutsche Börse Waive 'Squeeze Out'
Deutsche Börse shareholders who haven't yet tendered their shares in its planned tie-up with NYSE Euronext can no longer bet on getting a higher buyout after the two exchange operators said they won't launch a squeeze-out for now.

EU Prepares New Syria Sanctions
The European Union is closing in on a fresh round of sanctions on Syria, whose centerpiece would be an investment ban preventing European energy companies signing new contracts with their Syrian counterparts, diplomats said.

Greece Braces for Protests
Greece's second-largest city will become the battlefield for public anger against the government's reform efforts with mass protests expected to greet a keynote speech by Prime Minister George Papandreou.

Geithner: Jobs Plan Can Work 'Very Quickly'
Geithner said the Obama administration's proposed jobs package would work "very very quickly" to boost the economy, and ultimately generate hundreds of thousands of new jobs.

Alibaba Aims to Repair Reputation
Alibaba Group hopes its efforts to repair its reputation among Chinese customers following a fraud scandal will also help it make inroads in a U.S. market dominated by eBay.

All Blacks Fail to Inspire in Cup Opener
No one was expecting New Zealand to lose its first match of the Rugby World Cup, but after two successive defeats the All Blacks needed to prove they deserve the tournament's favorite tag. They didn't.

Sept. 11 Voices: The Widow
Baraheen Ashrafi thought Sept. 11, 2001, would be a day to remember—she was expecting to be induced into labor. But her husband, a banquet waiter at Windows on the World, never returned home.

Sept. 11 Voices: The Mayor
When New York City's 107th mayor declared that "the number of casualties will be more than any of us can bear," Rudy Giuliani forever yoked his life to the Sept. 11, 2001, terrorist attacks.

Five Key Questions for U.K. Banking Commission
The Independent Commission on Banking was supposed to close down the U.K. debate over banking reform for a generation. As it prepares to deliver its final report Monday, the debate looks fiercer than ever.

BofA Banks on Darnell
After Bank of America's reshuffling of top management, David Darnell now has the reins of a huge consumer bank tied to a U.S. economy veering dangerously off course. Now he must cut costs and keep clients.

LinkedIn's Chinese Connection
U.S. internet firms have one thing in common: They can't hack it in China. Now another wants to scale the Great Wall and, mostly by accident, is having some early success: LinkedIn.

Toyota Introduces Etios Diesel in India, Cuts Sales Target Again
Toyota introduced diesel versions of its Etios sedan and hatchback in India, while also cutting its sales target due to supply constraints following the March 11 earthquake and tsunami.

Union Pauses in Saab Proceedings
Swedish union IF Metall said it won't file a bankruptcy petition on Friday against Saab, as a large majority of the union members want to wait the weekend to allow the company time to explore its options.

Lagarde Warns of Economic Risks
Downside risks to growth across the world have increased and countries must act now, boldly and together, said Christine Lagarde, managing director of the IMF, adding that central banks must be prepared to implement unconventional measures.

India Grain Exports to Drag Down Global Prices
India's return to the wheat and ordinary rice export market after more than three years will push down prices for buyers in Southeast Asia and Africa, trading executives and analysts said.

Open Season on OpenTable
Shares of online maître d' OpenTable fell 8% Thursday after Google acquired restaurant-review publisher Zagat. The concern: that the world's most-visited Web site could go head-to-head with OpenTable, used by more than 30% of reservation-taking restaurants in North America.

Japan Trade Slump Poses Risks for Recovery Lower
Japan's current account surplus continued its post-March 11 disaster decline, dropping 42.4% in July from a year earlier, as the goods and services balance fell into a deficit.

2011 Rugby World Cup Kicks Off
The Rugby World Cup starts Friday evening at Eden Park stadium in Auckland, New Zealand. New Zealand and Tonga will face off in the first match of the seven-week competition.

India August Exports Rise 44%
India's merchandise exports grew in August from a year earlier but the volume shrank 17% from the previous month, and the expansion pace may decelerate further due to global economic uncertainties.

J.D. Wetherspoon Warns on U.K. Recovery
U.K. pub group J.D. Wetherspoon warned the U.K. is struggling to emerge from its economic downturn and the sovereign-debt crisis in Europe threatens to derail a recovery.

Australia Plans Shipping Tax Reform
Australia will introduce major tax breaks for shipping companies and a new international register for the 200 billion Australian dollar (US$213 billion) industry, the world's fourth-largest shipping market by volume.

Disaster Costs Pile Up for Insurers
Earthquakes, floods and other disasters cost the world's insurance industry around $70 billion in the first half of this year, turning 2011 into the second-most expensive for claims in more than 40 years, Swiss Re said.

Bharti Gets License for Mobile Services in Rwanda
India's Bharti Airtel said it has got a license to offer second-generation and third-generation mobile services in Rwanda, taking its operations in Africa to 17 countries.

Deals India: Morning News Roundup
News roundup from Indian newspapers, news wires and Web sites on Friday, September 09 2011. Deals India has not verified the stories from other media organizations and does not vouch for their accuracy.

China's Amazon Eyes $5 Billion U.S. IPO
Beijing-based online retailer Jingdong Mall's plan to go public in the U.S. next year must overcome investors who have become China-averse following a string of accounting- and fraud-related scandals at overseas-listed Chinese companies.

Widespread Power Outage Probed
Utility crews restored electricity to much of California, Arizona and Mexico Friday, a day after a power outage left millions in the dark and raised questions about the security of the electrical grid.

Amazon Pursues Internet Tax Deal
California legislators say they reached a tentative agreement with Amazon on Wednesday that would postpone enforcement of the state's new Internet sales-tax collection law until September 2012.

Art: A New Home for Arab Treasures
The Metropolitan Museum unveils its completely overhauled Islamic galleries, London's National Gallery mounts a blockbuster Da Vinci show and dozens of L.A.-area museums celebrate California artists.

Officer Deaths Rise in U.S.
Crime is down across the country, but more law-enforcement officers are dying on the job, law enforcement officials said, citing new research that shows fatalities among police and federal agents are on the rise.

CFTC Pushes 'Swaps' Rules to 2012
Firms that use derivatives but aren't major participants in the market could get more time to comply with new rules that regulators are writing for the over-the-counter derivatives market.

Women of Strength
"Amazons: Homage to Women of Strength," an exhibition traveling across Germany and Austria, is a photographic portfolio of 19 women in various stages of breast cancer. (Warning: Some images in this slideshow contain nudity.)

Coke Bottler Affirms French Plans
Coca-Cola Enterprises affirmed its commitment to a €17 million ($24 million) investment in a French plant, saying a local team in the country misstated the U.S.-based bottler's plans in light of a proposed tax on sugary drinks.

Drinking With Nelson DeMille
The best-selling author doesn't drink rosé—but he'll consider a Chardonnay, if it's manly enough. Lettie Teague talks with him about what he likes and his lack of a wine cellar: "My liquor store is my cellar."

Conductor Leonard Slatkin Is a Rollin' Stone
When orchestra director Leonard Slatkin isn't conducting some of the most famous philharmonics in the world, he enjoys cooking, visiting museums and catching a baseball game in his hometown of Detroit.

Saab to Appeal Court's Denial
Saab Automobile said it would appeal a Swedish court's refusal to grant it protection from creditors, a move that clears the way for labor unions representing unpaid workers to petition for bankruptcy and reclaim unpaid wages.

Buying the Basics
After clearing out and organizing your wardrobe, columnist Tina Gaudoin says it's time to think about re-establishing the basics—in other words, what you really need to get dressed in the morning.

Global Food Prices Stay High
Global food prices remained near record highs last month, with concern growing that a disappointing U.S. corn harvest may trigger further increases, particularly in the developing world.

Learning to Speak Iowan: Corn, Pigs and Hawkeyes
About 30 foreign-born physicians recently attended a seminar on Iowa culture. They learned things like never to underestimate the importance of the University of Iowa Hawkeyes, and that "corn is a cultural icon."

Milosevic Was Beaten By Air Power Alone
Max Boot's assertion ("Did Libya Vindicate 'Leading From Behind?'") that "air power alone has never toppled any regime," is not in line with the facts. Operation Allied Force, which started on March 24, 1999, was an all air-power war that brought Serbian President Slobodan Milosevic to his knees in complete defeat by June 3

Lengthy Visa Waits Deter Travel to U.S.
Security measures adopted to vet foreign visitors since 9/11 have had the side effect of discouraging tourism to the U.S., curbing job growth in the hospitality industries, according to executives and Obama administration officials.

Obama to Lay Out Jobs Agenda
Obama will use his speech before a joint session of Congress tonight to marshal a sense of urgency behind his jobs agenda and to try to open a new phase in the fight over proposals to fix the economy.
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A Mango-Laden Stroller May Be Your Only Option for Food
Food vendors that usually set up shop near the fields in Flushing Meadows Corona Park aren't there during the U.S. Open, leaving those in the park hungrier than usual.

Sept. 11 Voices: The Messenger
On his second day of kindergarten, just after a second plane struck the World Trade Center, Brook Peters and his mother rushed to a firehouse a block and a half away from the towers.

Advocate for Libya, Syria Failed to File Disclosures
The public relations firm Brown Lloyd James posts an extensive client list on its website. Unacknowledged on its website is the work it did for the regime of Libya's Col. Gadhafi and the wife of Syrian President Assad.

Bad Call: How Not to Fire Someone
There's an art to dismissing an employee. Using the phone usually isn't the way to go. The recent firing of Yahoo's Carol Bartz via a phone call brings that practice into view.

Wal-Mart Revives Layaway
Wal-Mart is bringing back its layaway program for toys and electronics this holiday season as the retail giant tries to boost sales from consumers who may struggle to afford the cost of Christmas.

Palm Beach Mansion Asks $74 Million
A 20,000-square-foot, waterfront mansion in Palm Beach, Fla., is asking $74 million, making it the most expensive listing in the area. Plus, Mark Wahlberg lists in Beverly Hills and Peter Sperling drops the asking price of his San Francisco mansion.

U.S. Blacklists Venezuela Officials
The U.S. added a top Venezuelan general, two legislators and a top intelligence official to a narcotics kingpins list for their alleged involvement in drug dealing and arms trafficking with Colombian guerrillas.

Preserving Freedom Means Not Denying It
Regarding Paul A. Gigot's review of former Vice President Dick Cheney's "In My Time" (Books, Sept. 3): There is no doubt that America is safer because of Dick Cheney's security policies. But the Soviet Union was the safest place in the world under Uncle Joe Stalin.

In Asian Rate Dilemma, Economies Hit Pause
Fast-growing emerging economies in Asia are facing an unsettling combination of slowing growth and persistent inflation, complicating decisions for central banks who seem content for now to take a wait-and-see approach.

Venice's Heavy-Weight Champions
"The Ides of March," which opened the Venice Film Festival, signals the unofficial end to summer, as the popcorn-blockbusters leave the cineplexes to make way for the heavier offerings of autumn and winter.

Taliban Need 'Pain' to Talk, Envoy Says
Peace negotiations with the Taliban are unlikely to bear results until additional military pressure is brought on the insurgents, the new U.S. ambassador to Kabul said, playing down expectations of progress in the efforts to end the 10-year-old war.

Nasdaq Pushing Harder Against NYSE Tie-Up
Nasdaq OMX has stepped up its opposition to the planned merger between NYSE Euronext and Deutsche Börse and said the deal would "irrevocably destroy" competition in Europe's listed-derivatives markets, just as the European Commission nears a decision on the tie-up.

Zagat Deal Extends Google's Reach
Google bought restaurant-review company Zagat, thrusting the Internet giant into the new roles of content creator and print publisher as it seeks to attract more advertising dollars from local businesses.

U.K. Will Stick to Planned Cuts
Despite the U.K.'s slowing recovery, the country's aggressive spending cuts are on track and the government will stick by its plans to cut debt, Danny Alexander, a senior Treasury minister, said in an interview.

Private Properties -- Photos
A French chateau-style mansion in Palm Beach, Fla., lists for $74 million. Also, actor-producer Mark Wahlberg lists his recently remodeled home in Beverly Hills, Calif., and the son of the University of Phoenix founder John Sperling cuts the price of his San Francisco home by 41% to $38.5 million.

Bund Demand Belies Fears on German Debt
Despite enormous demand for Germany's government debt, some large investors are shying away from the safe-haven bunds as their insurance costs skyrocket to near all-time high levels.

Football, Fandom and Fantasista
As Italy's Serie A football league kicks off its season, columnist Francis X. Rocca talks about the national passion for calcio and how his son's newfound love has forced this one-time Scrooge into fandom.

As Fresh as the First Day
Sir Trevor Nunn's "The Tempest" at Theatre Royal Haymarket and "The Kitchen" at the National Theatre in London are wonders of stagecraft, and demonstrate how much a director and his crew can enhance a great play.

A Taste of Italy in Edinburgh
There are many reasons to travel to Edinburgh, but for columnist Bruce Palling one factor alone is enough—a visit to Valvona & Crolla, arguably the best Italian delicatessen north of the Alps.

GOP Split Over Perry's Social Security Remarks
Texas Gov. Rick Perry's assertion this week that Social Security is a "Ponzi scheme" touched off a heated debate within the GOP whether voters would embrace such provocative language.

Power Outage Hits Southern California
A massive power outage cut electricity to a large swath of Southern California, and parts of Arizona and Mexico, after a high-voltage transmission line "tripped out of service."

In a Switch, ICE Boosts Its Buybacks
IntercontinentalExchange said it may expand its share-buyback program, reversing its recent stance on capital returns as executives at the energy-focused exchange group said its stock is undervalued.

Swiss Action on Franc Riles Canada, Norway
Norwegian and Canadian officials criticized Switzerland's move this week to cap the rise of its currency, as the impact reverberated in currency markets world-wide.

FBI Raids Solar-Panel Maker
Solyndra, a California solar-panel maker once hailed by President Obama as "the future" of clean energy, is the target of a criminal investigation into whether its executives knowingly misled the government to secure more than $500 million in loan guarantees.

Turkey Takes a Harder Line Abroad
Turkey is showing signs of trading its vaunted "zero problems with neighbors" foreign policy for a more muscular approach to its bid to become the leading power in the Middle East and North Africa.

Samsung Moves to Expand Tablet Business
Samsung is preparing to expand its tablet-computer lineup by using a new version of Windows as the Korean company's products built the Android operating system come under legal attack from Apple.

'Chipmunks' Estate
Ross Bagdasarian Jr. and his wife, Janice Karman, revived the 'Alvin and the Chipmunks' franchise that Mr. Bagdasarian's father had created. The cartoon empire helped build the brightly colored 10,000-square-foot Mediterranean home that the couple now lives in Montecito, Calif.

Apthorp's Owners Balk at Sale of Mortgage
Just when it looked like the long-running saga surrounding the Apthorp was winding down, a new battle is heating up for control of the 103-year old landmark property.

At Target Popup, Madhouse for Missoni
Target's private launch event for its new Missoni collection in Times Square was a madhouse, with seemingly every editor, publicist and celebrity in town grabbing at plates, soy candles, cosmetics bags, bath towels and laptop cases.

Egypt Braces for Protests
A decision by Egypt's military leadership to freeze licenses for new satellite-news channels added to a growing list of complaints, as activists and political parties prepared for a protest to push for residual revolutionary demands.

Books: Race for a Japanese Best Seller
Haruki Murakami's English-speaking fans have waited for more than two years for a translation of "1Q84," which came out in Japan in 2009. Plus, more books to watch out for this fall.

Union Fight Closes Two Pacific Ports
Hundreds of International Longshore and Warehouse Union members stormed a newly built grain terminal as a labor dispute led to violence Thursday and the closing of the West Coast ports of Seattle and Tacoma.

Galliano Fined for Religious Slurs
Former Christian Dior designer John Galliano was convicted by a Paris court of making anti-Semitic comments during two bar fights that cost one of fashion's most high-profile personalities his job.

Zagat Gives Google Street Cred
From Android and now to Zagat, Google is building a powerful array of local commerce assets. Besides driving the next wave of growth for the company, these could crimp emerging Web stars like Yelp, Groupon and OpenTable.

Pennsylvanians Ordered to Flee Flood Zone
Nearly 100,000 Pennsylvanians living along the swollen Susquehanna River were ordered to evacuate their homes in anticipation of heavy flooding as remnants of Tropical Storm Lee moved through.

Schedule Shift Caps Another Bizarre Day
The craziest U.S. Open of the modern era got a notch nuttier when the U.S. Tennis Association shifted its schedule on the heels of a mini-rebellion among the game's top players.

Symposium: Did the U.S. Overreact to 9/11?
Ten years after the terrorist attacks, we ask seven experts—Paul Wolfowitz, Mark Helprin, Robert McFarlane, Anne-Marie Slaughter, Zbigniew Brzezinski, Leon Wieseltier and Joe Lieberman—to assess the American response.

U.S. Sees 'Credible' 9/11 Terror Threat
The U.S. has received specific and "credible" intelligence that al Qaeda militants in Pakistan may be pursuing a plot to carry out car or truck bombings in Washington and New York City, timed with the 10th anniversary of the Sept. 11 attacks, officials said.

Pondering Olympic Aspirations
The recently renovated home of Nelly Duff gallery owners Jessie Dyer and Cassius Colman, located on a quiet, leafy street in Victoria Park, just a stone's throw from the 2012 Olympics site, is already getting rental offers for next summer's Games.

Europe Bank Opens Door to Shift on Rates
The ECB opened the door to interest-rate cuts to bolster a weakening economic recovery -- a dramatic U-turn from its decision to raise rates just two months ago.

Kyl Threatens to Walk if Debt Panel Hits Defense
Sen. Jon Kyl threatened to walk out on the special deficit-reduction supercommittee if other members push for new cuts in defense spending, a threat that could shatter any hope for compromise or bipartisan cooperation as the deficit panel held its first public meeting.

A Move Up in Europe
Stock markets in Europe closed higher Thursday, after a choppy session during which the European Central Bank cut its growth forecasts and signaled further rate increases are off the table. Most Asian stock markets rose, too.

Investor Calls for New Yahoo Board
Activist investor Dan Loeb slammed Yahoo's directors and called for an overhaul of the board, as the hedge fund manager disclosed he had amassed a 5.15% stake in the Internet company.

State Weighs Testing Curbs on Teachers
New York state teachers could be banned from administering and grading their own students' standardized tests under a series of changes education officials are proposing after cheating scandals erupted in several other states.

Tweens Take the Runway
There's one category that's relatively underserved during Fashion Week in New York, and that's kids. But two events did a lot to buck the trend, and—we hope, for the sake of the children—carry the rest of the industry a step in the right direction.

At Zynga, Virtual Products, Real Profits
Zynga offers free games through Facebook, then studies how its audience plays them. It uses its findings to get people to play longer, tell more friends about them and buy more virtual goods.

The Soul of a French Palace
Christie's Paris will auction the contents of the Abbey Palace of Royaumont in a three-day sale, with a preview at the estate beforehand. Neoclassical furniture will be a major feature of the sale.

Top-Siders on Deck
Vampire Weekend frontman Ezra Koenig mingled with the fashion set at Bowery Bar at a party for Surface to Air, an under-the-radar fashion favorite that opened its first New York store this week.

Japan Misstated Radiation
The Japanese government initially underestimated radiation releases from the Fukushima Daiichi nuclear plant, in part because of untimely rain, and so exposed people unnecessarily, a report released this week by a government research institute says.

Shining Past, Darker Present
Recalling their decades in show business, Mel Brooks and Dick Cavett revisit the stars and stories that made the old days so great, and a film about ecoterrorism reflects a more conflicted present..

The DoJ's Mr. Perez Is Mistaken About Home Lending
Since DOJ's Thomas Perez is assuming that banks were acting in accordance with their normal profit/loss lending requirements, i.e., without GSE intervention, he then needs to explain why banks would issue loans to those who do not qualify for them, while denying loans to those who do qualify for them

Sberbank to Buy Volksbank Unit
Sberbank will pay less than expected for the international unit of Österreichische Volksbanken, as the Russian state-controlled lender seeks aggressive expansion in central and eastern Europe.

Clear Channel Offers Pandora-Style 'Stations'
Clear Channel Radio is launching an updated version of its digital radio offering that combines the ability for listeners to create their own "channels" with its current links to hundreds of radio stations.

Giuliani's 9/11 Lessons Still Fresh
When New York City's 107th mayor declared that "the number of casualties will be more than any of us can bear"—demonstrating in those dark days a decade ago that he would be both crisis manager and consoler in chief—Rudolph Giuliani forever yoked his life to the Sept. 11, 2001, terrorist attacks.

Cities in Red Turn to Green Deals
A New York financial adviser has been helping cities to essentially take out mortgages on their public buildings and use many of the proceeds to plug their budget shortfalls.

Charity Probe Questions
New York Gov. Andrew Cuomo's probe of executive pay at nonprofits is bumping up against some of the state's best-known charities with strong ties to the most powerful people in Albany, including the speaker of the Assembly and the governor himself.

Potatoes and Photography
"Still/Life: Contemporary Dutch Photography" celebrates the 10th anniversary of Amsterdan's FOAM by featuring a group of young Dutch photographers whose careers the museum has been tracking and supporting.

ESPN Holds On to NFL
"Monday Night Football" will air on ESPN through the 2021 season under an eight-year contract extension between the network and the NFL. ESPN will pay $1.9 billion a year, up from $1.1 billion